Félix Pago

Félix Pago

Building the future of cross-border payments

HERO

Manuel Godoy

(

Co-Founder & CEO

)

Bernardo García

(

Co-Founder & COO

)

Manuel Godoy

(

Co-Founder & CEO

)

Bernardo García

(

Co-Founder & COO

)

Manuel Godoy

(

Co-Founder & CEO

)

Bernardo García

(

Co-Founder & COO

)

Manuel Godoy

(

Co-Founder & CEO

)

Bernardo García

(

Co-Founder & COO

)

VISION

Bernardo García and Manuel Godoy set out to become the financial companion for every Latin‑American immigrant, beginning with the simplest, cheapest way to send money home. Their first bet was that chat, and not another app, would win over customers. If remittances worked as smoothly as a WhatsApp message, the same stablecoin rail could one day carry bill‑pay, credit, and wallets.

OUTCOME

Fastest-growing remittance in LatAm

"

Paul wired the first institutional check when Félix was still an idea. He’s been on speed‑dial ever since.

Bernardo García

Co-Founder & COO

We first met Bernardo and Manuel at a Wharton MBA pitch competition. They’d cobbled together a WhatsApp flow that moved dollars to pesos faster than the bigger players could refresh their login pages. Some judges flagged risk or dismissed the customer. We saw an overlooked $155 billion corridor and founders who undertood their customers. We led their pre-seed and kept leaning in: an exploratory check became the seed; the seed became a seed extension we underwrote in 2023 when revenue was still low but compounding fast. By then, Félix had negotiated new FX rails and contracts that widened margins meaningfully. Paul's role toggled between recruiter, thought partner, and good board member. We invested again at Series A and then Series B. Our meetings never drifted into PowerPoint theatre. We reviewed funnel metrics, dissected payback, and worked through challenges on both sides of the border. We kept asking why customers felt they couldn’t live without Félix and if that advantage could stay defensible. Today, Félix is still the only remittance product that lets you send money the way abuela sends voice notes. That same chat thread now unlocks bill-pay in Mexico and line-of-credit offers in Houston. When founders build trust and deliver seamless experiences, customers reward them with loyalty.

Switch VC © 2025

ALL RIGHTS RESERVED

Switch VC © 2025

ALL RIGHTS RESERVED

Switch VC © 2025

ALL RIGHTS RESERVED